Amara Raja Batteries Ltd soars 2.33%, Gains for third straight session

10 Mar 2022 , 01:05 PM

Amara Raja Batteries Ltd is up for a third straight session in a row. The stock is quoting at Rs 578, up 2.33% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.7% on the day, quoting at 16623.05. The Sensex is at 55724.49, up 1.97%. Amara Raja Batteries Ltd has dropped around 4.87% in last one month.

Meanwhile, Nifty Auto index of which Amara Raja Batteries Ltd is a constituent, has dropped around 12.99% in last one month and is currently quoting at 9832.35, up 2.23% on the day. The volume in the stock stood at 5.52 lakh shares today, compared to the daily average of 8.89 lakh shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 579.45, up 2.13% on the day. Amara Raja Batteries Ltd is down 35.29% in last one year as compared to a 10.59% gain in NIFTY and a 3.2% gain in the Nifty Auto index.

The PE of the stock is 16.02 based on TTM earnings ending December 21.

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